Care News

Rating agency CARE has revised the rating on Lakshmi Vilas Bank's unsecured redeemable non-convertible subordinated Lower Tier II bonds to BB- (Under Credit Watch with Developing Implications, from BB-/Negative. The stock of Lakshmi Vilas Bank has slumped another 10 per cent ...

On Sunday, the rating company CARE downgraded the creditworthiness of around Rs 1.2 lakh crore of outstanding securities at DHFL (Dewan Housing Finance Limited) pointing out that the higher funding costs for non-banking financial companies (NBFC) after a series of defaults ...

Credit rating agencies have assumed tremendous importance in India, in the last few decades. Default on fixed deposits and various other instruments, including the recent case of Non Convertible Debentures has increased the role of credit rating agencies. What do ...

Non Banking Financial Companies (NBFCs) can accept deposits from Non Resident Indians (NRIs) under some conditions such as the deposits should be debited from the Non Resident Ordinary (NRO) account of the NRI. Deposit from NRIs are also accepted on the ...

India Infoline Housing Finance is coming out with secured, redeemable, non-convertible debentures of face value of Rs 1,000 each, ("NCDs"), aggregating upto Rs 250 crores. The issue opens for public subscription on Dec 12 and closes on Dec 20. ...

The last one year has seen far fewer Initial Public Offerings (IPOs). As is the case in the past, most of the IPOs have left investors with losses. Take a look at some of the performers and the laggards. {photo-feature}...

Rating agency Credit Analysis and Research's (CARE) initial public offer was fully subscribed on the second day, as per data from the National Stock Exchange. The floor price is 70 times the face value and the cap price is 75 ...